find the compound intereste on rupee 11200 at 35/2 per annum for two years
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Given
Principal =₹11200
rate= 17 1/2%
Rate =35/2%
Time =2yr
As we know Amount=P(1+R/100)^t
=11200(1+37/200)²
=11200x237/200x237/200
=₹15727.32
Compound interest = Amount - principal
Ci=15727.32-11200
Ci=₹4527.32
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